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The increasing consumption of packed food is a key factorpropelling the growth of the global food cultures market. Recently FortuneBusiness Insights studies key growth drivers and restraints impacting themarket in a report, titled “FoodCultures Market Size, Share and Global Trend by Microorganism Type(Bacteria Yeast, Mold), Product Type (Starter Cultures, Protective Cultures,Probiotic Cultures), Function (Texturizer, Flavorant, Preservative, Colorant),End User (Food and Beverage Manufacturers, Animal Feed Additives) and GeographyForecast till 2025.”
On the basis of microorganism type, the global market isclassified into bacteria, yeast, and mold. Over the forecast period 2019-2025,the bacteria segment is forecast ho hold the maximum share in the market.
Owing to the need for good bacteria in the human body, thesegment is expected to witness expansion over the forecast period 2018-2025.The yeast and mold segments are also likely to witness promising growth in thecoming years.
Yeast and mold help in preserving the food items for alonger period, further encouraging adoption of packed food. High consumption ofpacked food is expected to increase the growth rate in the global market.
In terms of end use, the report classifies the market intodairy, beverages, and others. The dairy segment is likely to hold a major sharein the global food cultures market. Owing to the increasing global demand fordairy products is anticipated to increase growth in the global market. Besidesthis, the bakery segment is witnessing high demand. With the increasing demandfor bakery products the demand for food cultures is likely to increase. Amongthe beverages segment, the alcohol segment is anticipated to emerge dominantduring the forecast period.
Increasing Demand forAlcohol to Propel Growth
Increasing demand for convenience and baked food andincreasing consumption of meat and meat-products are a few factors expected todrive the global market. Furthermore, increasing demand for alcohol around theworld is anticipated to fuel demand in the global food cultures market.
North America held the highest share in the global market in2018. The region is also expected to hold the highest share during the forecastperiod. Owing to the high demand for probiotics in the nation the market isanticipated to witness expansion.
Moreover, the North America food cultures market is expectedto be driven by the increasing consumption of baked food in the region. Europeis anticipated to hold the second highest share in the global market. Theregion is witnessing shift in consumer preference towards natural foodingredients from artificial food ingredients.
Food CultureAwareness Programs Launched by Government Emerges as Key Growth Enabler
“Key players are likely to launch food culture awarenessprogram indeveloping nations to capitalize on the untapped opportunities. Thisis expected to fuel the demand for food cultures,” said a lead analyst atFortune Business Insights.
The global food cultures market is expanding. Key playersare adopting innovative strategies to lead the global market. Some players arefocusing on product launches to gain competitive advantage. For instance, Chr.Hansen introduced DVS WHITE FLORA in 2018.
The new food culture designed is specially for white cheese.The culture is designed to aid in formulation of cheese and ensure qualityproduction. This is expected to enable growth in the market.
Browse CompleteReport Details:
https://www.fortunebusinessinsights.com/industry-reports/food-cultures-market-100184